Qatar finalises order for four B777 Freighters

Qatar Airways has finalised an order for four B777 Freighters, valued at US$1.24 billion at current list prices. The airline also has purchase rights for four additional airplanes, which when exercised will bring the combined value to $2.46 billion. Qatar Airways currently operates a fleet of 37 B777-300ERs and B777-200LRs, in addition to seven B777 Freighters.

Qatar Airways has finalised an order for four B777 Freighters, valued at US$1.24 billion at current list prices. The airline also has purchase rights for four additional airplanes, which when exercised will bring the combined value to $2.46 billion. Qatar Airways currently operates a fleet of 37 B777-300ERs and B777-200LRs, in addition to seven B777 Freighters. “We aim to make Qatar Airways one of the world’s major air cargo players,” said Akbar Al Baker, CEO, Qatar Airways. “With its proven track record, long-range capabilities and excellent operational efficiencies, the 777 Freighter will be a key player in enabling Qatar Airways to grow its footprint and economically deliver cargo further, connecting many long-haul destinations from our hub in Doha, especially with the expansion of Doha’s new freight terminal.” The B777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometres) with a full payload and general cargo market densities, making it the world’s longest-range twin-engine freighter. The aircraft’s range capability translates into significant savings for cargo operators: Fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times, according to Boeing.

On to its 6th year, The Payload Asia Awards is a celebration of excellence, spotlighting the air cargo supply chain companies that have excelled in the industry by rising above the very challenging global air freight market. These companies have shown market adeptness, innovative thinking and superior strategy – to make a positive impact on their own business and the market in general.

This year’s award continues with the innovative dual track awards – the first and only in the industry – that offers two unique but equally legitimate views of excellence.

In the vein of the entertainment industry’s People’s Choice Awards and the Academy Awards, we present the Customer Choice Awards and the Industry Choice Awards – the first determined by popular online voting and the second through ranking by an esteemed industry panel.

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